Dar es Salaam, April 10 -- DODOMA: TANZANIAS economy showed strong momentum in 2024, with the Gross Domestic Product (GDP) growing by 5.5 per cent, up from 5.1 per cent in the previous year, Prime Minister Kassim Majaliwa told the National Assembly yesterday.

Presenting the review and direction of government activities and revenue expenditure estimates for his office for the 2025/2026 financial year, Mr Majaliwa said the growth uptick was fuelled by strong performances in crucial sectors and sound fiscal and monetary policies that have also brought down the cost of living.

Other factors included solid revenue collection, which nearly met overall targets and exceeded them in key areas, alongside comfortable foreign exchange reserves, he ...